MSTR’s STRC: A Bitcoin-Backed Stablecoin?

Show Notes

0:00 Explaining STRC 4:28 Tokenizing STRC 9:02 Checkmate Against Tether, Circle, and the Banks? Max (@MaxAWebster) reacts to MSTR's latest offering: STRC, a yield-bearing, Bitcoin-backed instrument. The PBJ crew explores: How MicroStrategy’s STRC instrument offers stable value with an adjustable interest rate Why some believe Saylor is effectively issuing a Bitcoin-backed dollar The implications for stablecoins, commercial paper, and the U.S. banking system The Genius Act and the possibility of tokenizing traditional securities Whether this effectively positions MicroStrategy as a new central bank Framed as a potential checkmate move against both Tether and traditional banks, this conversation also wrestles with the implications of one company absorbing massive amounts of Bitcoin while issuing dollar-like instruments that yield, and scale. Learn more about the offering: https://www.strategy.com/press/strategy-announces-pricing-of-strc-perpetual-preferred-stock_07-25-2025 🎧 From the PBJ podcast recorded at 📍Presidio Bitcoin 🔗 Full episode: https://www.youtube.com/watch?v=nEJ-cEzcDdk 🐦 Follow us: https://x.com/PresidioBitcoin 🌐 Learn more: https://presidiobitcoin.org